LNKD Jumps 11%: Q4 Beats, Q1 Rev View Beats, Year View In-Line

By Tiernan Ray

Shares of social networking site LinkedIn (LNKD) are up $12.90, or almost 11%, at $136.99 after the company this afternoon reportedQ4 revenue and earnings per share that topped analysts’ estimates, and projected this quarter’s revenue higher as well, and year revenue slightly below.

Revenue in the three months ended in December rose 81%, year over year, to $303.6 million, yielding EPS of 35 cents.

Analysts had been modeling $279.5 million and 19 cents.

LinkedIn ended the quarter with 202 million “members,” it said,increasing membership 39%, year over year.

Revenue from LinkedIn’s “talent solutions” line, the largest segment of revenue at $161 million, was up 90%, year over year.

For the current quarter, the company projects revenue in a range of $305 million to $310 million, higher than the consensus $301 million.

For the full year, the company sees revenue in a range of $1.41 billion to $1.44 billion, slightly below consensus of $1.44 billion.

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